800 Us Highway 72Athens, AL 35611

Property Details for 800 Us Highway 72

Year built

1960

Lot size

1.17 AC

Property size (Sq ft)

6,778 SF

Property type

Retail properties

Property subtype

Retail space

APN

1005162000010000

APU

1005162000010000

Description

This 6,700 square foot storefront, located at 800 US Hwy 72 E in Athens, Alabama (zip code 35611), presents a compelling redevelopment opportunity. Situated on a ±2.16-acre lot (with ±0.80 usable acres), this property boasts exceptional visibility on a high-traffic corridor with over approximately 39,000 vehicles passing daily. Its prime location near major national retailers such as Walmart, ALDI, and Harbor Freight ensures strong customer traffic and market draw. Built in 1960, the single-tenant property offers month-to-month leases, providing immediate income while allowing flexibility for future redevelopment plans. The property is ideally suited for a variety of uses, including retail, mixed-use, or service-oriented developments. Athens, a key city within the rapidly growing Huntsville metropolitan area, has seen significant population growth, increasing from 25,707 in 2020 to an estimated 32,636 in 2024. This robust growth, fueled by the thriving aerospace, defense, and technology sectors in Huntsville, makes this a highly attractive investment. The asking price for this exceptional retail redevelopment opportunity is $750,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,107,358

  6.5%

  $1,945,253

  7%

  $1,806,306

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,782,252

  Geo Method

  $3,331,734

• Alternative Use

  Use

  Valuation

  Residential

  $1,640,894

  Hospitality

  $1,503,050

  Educational

  $1,250,520

  Medical

  $1,293,527

  Retail

  $1,945,253

Location Insight

City

Athens

County

Limestone

State

Alabama

Latitude

34.7882

Longitude

-86.9652

CBSA code

26620

CBSA name

HUNTSVILLE, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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